Bitcoin slips below key support as tariff talk rattles crypto: Crypto Markets Today
Yahoo Finance·2026-01-19 19:52

Bitcoin (BTC) and the broader crypto market traded lower on Monday following reports that the European Union is readying 93 billion euros (110billion)oftariffsinretaliationtoU.S.PresidentDonaldTrumpsthreatsaboutGreenland.ThetariffconcernssentequitiesinEuropeandfuturesintheU.S.lowerwhilehavenassetsgoldandsilverralliedtorecordhighs.Bitcoinfailedtomirrorthepreciousmetalsmovetotheupside,withitcurrentlytradingat110 billion) of tariffs in retaliation to U.S. President Donald Trump's threats about Greenland. The tariff concerns sent equities in Europe and futures in the U.S. lower while haven assets gold and silver rallied to record highs. Bitcoin failed to mirror the precious metals' move to the upside, with it currently trading at 93,000 having lost 2.5% of its value sinc ...

Bitcoin slips below key support as tariff talk rattles crypto: Crypto Markets Today - Reportify